Upcoming Changes To Venmo 2025. From understanding the standard rules and state. The agency on tuesday said it is again delaying the implementation of a 2021 law that requires payment platforms such as venmo, paypal or cash app to send tax forms called.
If you’re a freelancer or gig worker who receives payments via apps like venmo, zelle, cash app or paypal, your tax reporting requirements will change for the 2024 tax year. The irs announced on tuesday that it will delay implementing its $600 tax reporting.
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